This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Secretary of State for Scotland Michael Moore comments on the news that Standard Life is set to lose 500 posts.
Commenting on the news that Standard Life is set to lose 500 posts in Edinburgh, the Secretary of State for Scotland Michael Moore said:
“The news of jobs losses at Standard Life is a real cause for concern and I hope the company can do all it can to minimise the numbers of staff affected. I am meeting the Chief Executive very shortly and plan to discuss the issue further with him. Financial services will continue to play a key role in Scotland’s economy and I will continue to do all I can at UK Government level to support and grow the number of jobs the sector brings to Scotland.”